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ASUS is allegedly interested in acquiring HTC

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Reuters is claiming Taiwanese computer hardware and electronics company Asus is interested in acquiring Taiwanese smartphone maker HTC.

Asustek Chairman Johnny Shih has apparently talked about this matter internally. This was revealed by the company’s Chief Financial Officer David Chang, at its annual general meeting.

However, he also mentioned that the chances of Asus actually acquiring HTC are not very high as he believes Asustek is a “company that has depended on organic growth”.

HTC’s shares have been on a downward spiral for the last several weeks after its latest flagship One M9 failed to gain attention from consumers around the world. In a bid to improve the situation, the company now plans to launch a new ‘hero’ device by October this year.

Even though HTC’s financial health may not be sound currently, ASUS does stand to gain wider access to key markets such as North America if it decides to go ahead with its plans of acquiring HTC.

Source: Reuters

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